Pizza Hut Goes Bankrupt in Sweden
14 Articles
14 Articles
After years of struggling with profitability, Pizza Hut in Sweden is filing for bankruptcy, reports DI.
Pizza Hut in Sweden goes bankrupt.
On Wednesday it became clear that the company that operates Pizza Hut in Sweden had been declared bankrupt. The property company Prisma Properties has eight units leased to the company. “We converted a Pizza Hut restaurant in Linköping into a KFC restaurant,” says Fredrik Mässing, CEO of Prisma, as an example of how they have handled tenant challenges in the past.
Pizza Hut in Sweden has gone bankrupt and all 18 restaurants in the country have closed their doors, affecting around 250 employees. They have had problems with profitability for a long time and in November last year a reconstruction was initiated to try to get the finances back in order, but it does not seem to have […]
On Tuesday, the company that operates Pizza Hut in Sweden went bankrupt, which Dagens Industri was first to report.
The company that runs Pizza Hut in Sweden has been declared bankrupt, writes DI.
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